Indonesian white shrimp prices all rise

Published May 13, 2024

Tridge summary

The article reports an increase in the average ex-factory price of white shrimp across Indonesia, with the highest price for 30 pieces at over IDR 82,100/kg. Prices for other quantities also increased, with some sizes seeing a rise of up to 9% and 5% year-on-year. Despite a monthly increase, prices in April 2024 were lower than in the same period in 2023 and 2022, with the peak in July. Indonesian shrimp prices are the highest among other origins, being the third highest globally at $4/kg, following China and Vietnam. Ecuadorian shrimp has the lowest global prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data provided on the portal, the average ex-factory price of white shrimp (30 pieces) across Indonesia rose to more than IDR 82,100/kg, and the price of white shrimp of 30 pieces rose to more than IDR 76,200/kg. In week 18 (April 29 to May 5), the prices of 40 pieces of shrimp, 50 pieces, 60 pieces and 70 pieces also rose to IDR 67,800/kg, IDR 64,700/kg and IDR 61,100/kg, and the prices of 80 pieces, 90 pieces and 100 pieces also rose to IDR 57,800/kg, IDR 54,100/kg, IDR 51,800/kg. Prices for most sizes rose by 1% to 9%, and by 1% to 5% year-on-year. In US dollars, prices for 30 and 40 pieces were $5.09/kg and $4.72/kg, respectively; 50 and 60 pieces were $4.20/kg and $4.01/kg, respectively; 70 and 80 pieces were $3.79/kg and $3.58/kg, respectively; 90 and 100 pieces were $3.35/kg and $3.21/kg, respectively. From the monthly data, the level in April 2024 increased month-on-month; it was still lower than the level in 2023, and it was in April 2022. The peak was reached ...
Source: Foodmate

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